CBN to launch digital currency Oct 1
The Central Bank of Nigeria has said that it will launch the pilot scheme of its digital currency on October 1st, 2021.
According to report, the CBN with its stakeholders outlined its digital currency initiative...
Dangote’s deserving awards across Africa
Nations confer honours on men and women of outstanding accomplishments. It does not matter the citizenship. Honours are equally bestowed on non-citizens who have contributed massively to national development.
For a man to be conferred...
World’s Richest Man Bezos Completes Successful First Space Jaunt
Jeff Bezos, the world’s richest man, soared about 66.5 miles (107 km) above the Texas desert aboard his company Blue Origin’s New Shepard launch vehicle on Tuesday and returned safely to Earth, a historic...
NGX Top 10 Stocks Market Valuation Hits N15.61 Trillion
The Nigerian Exchange’s (NGX) top 10 stocks market valuation hits N15.61 trillion, translated to 78% of the local bourse market capitalisation, market data shows.
Big names –those dividends aristocrats- on the local bourse maintained dominance....
FirstBank empowers Firstmonie agents with N100bn loan
Barely a year after the launch of its Agent Credit scheme, First Bank of Nigeria Limited said it has economically empowered its Firstmonie Agents with the sum of N100 billion.
The Bank currently has over...
Shareholders Commend Nova’s Growth Trajectory, Approve N800m Dividend
NOVA Merchant Bank held its 4th Annual General Meeting in Lagos where shareholders commended the board and management for its impressive performance over the years.
At the meeting held on the 30th of June 2021...
Enugu govt. records N7bn IGR for 2021 first quarter – Report
Enugu State Government has recorded N7.1 billion as Internally Generated Revenue (IGR) in the first quarter of 2021, a report by the State Ministry of Budget and Planning has stated.
According to the Budget Performance...
DFA commends CBN’s oversight functions on NIRSAL’s operations
The Development Finance Advocates (DFA), a network of individuals who believe and support the adoption of development finance strategy in growing the Nigerian economy has commended the Central Bank of Nigeria (CBN) for effectively...
IGR: Edo govt tasks MDAs on automation
The Edo State Government has urged Ministries, Departments and Agencies (MDAs) to key into the automated Internally Generated Revenue (IGR) system now operational in the state.
Head of Service, Anthony Okungbowa gave the charge at...
NCC remits N150bn to FG in 5 months
The Nigerian Communications Commission (NCC) has exceeded its N36 billion projected revenue from spectrum license fees for 2021, having recorded over N150 billion from this revenue source within the five months of the year,...
